Tyler Durden (this guy, or maybe this guy, or both, but definitely not the Fight Club guy) approvingly links to this ridiculous screed in the latest issue of Global Custodian magazine, a trade quarterly for the international securities industry (Roissy Approved as well!).

The core point in this rambling mess is that “unlimited democracy,” whatever that is, gives too many citizens the power to vote perks for themselves, and support “counterproductive” policies (read: policies Dominic Hobson doesn’t like).  For Hobson, unlimited Democracy is a “plague” which he wants to attack at its “moral foundation,” the “political equality of the citizen.”

This is a direct, and treasonous, attack on our Constitutional framework.  Hobson, Durden, and Roissy would relate political equality with property on the grounds that only those with a stake in society should have voting and other political rights.  This raises some interesting questions, such as how to define property, but the foundation of this argument is that only the successful (or the lucky) should have political power, as if they haven’t most of it already.

These selfish men only want to protect their wealth, and for all their talk about markets they don’t really want to compete with others for money.  They want to organize a political system that allows them to construct markets to their liking, whatever it means to others.  This is treason, pure and simple.

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